NAMA obtains €11m judgment against embattled Limerick solicitor

This hasn’t been a good year for Limerick solicitor Paul O’Brien – pictured here with former Taoiseach Brian Cowen and former Fianna Fail and current independent TD, Mattie McGrath – with NAMA having receivers appointed to a slew of his property development companies, and then suing the once-mighty solicitor personally on multiple occasions – the latest application was at the start of October 2012 – in the High Court. His partner in Limerick solicitors, McMahon O’Brien, Denis McMahon has also had a bad year and was being prosecuted for fraud, a charge which he denied, though the latest news on the case appears to be from the start of 2012 when he, Denis McMahon, was being sent forward for trial at Limerick Circuit Court.

Today, RTE was in the Commercial Court division of the High Court to hear the judge, Mr Justice Peter Kelly grant judgment orders against Paul and a Kerry businessman, David Crowe and a Kerry-based property development company, Oyster Developments Limited which is owned by David Crowe (56) and Bernadette Crowe (56) – the judgments were on foot of applications made by NAMA in March 2012. The judgments reported by RTE are €11.5m against Paul, €11.9m against David and €11.5m against the company.